This will only be a technical analysis.
The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position.
Furthermore the RSI is pretty low, this comfort a long trade signal.
Position settings
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
The Chart seems to shows us a "M" pattern that is spreading among the time. If this was true, we would be in the down side of the "M" pattern and would bring an opportunity to make a long position.
Furthermore the RSI is pretty low, this comfort a long trade signal.
Position settings
- Entry Price: 0.07717
- Target Profit: 0.09761
- Stop Loss: 0.07035
- Potential Profit: 26.49%
- Ratio Risk / Reward: 3
I am also curious to earing your opinion too.
Should you feel that this analysis helps you, feel free to leave a like, and I wish you a good day!
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